Ongoing fears of more interest rate hikes created a choppy trading session Wednesday, which saw stocks sell off into the close. The main American indices all declined nearly around 1% with the Nasdaq shedding 1.15%. On the Dow, industrials and financials were in the red whole consumer names were very mixed.<\/p>\n
Laggards included Boeing<\/a> at -3.56%, Caterpillar<\/a> -3.6% and American Express<\/a> -2.88%. Apple<\/a> had a rare move down by 2.13% while American Airlines<\/a> dove 3.38%, Ford<\/a> sank nearly 8% and GM<\/a> fell 4.34%. Among the bright spots were Take-Two Interactive<\/a> up 6.05% and Electronic Arts<\/a> 2.48% which both basked in the afterglow of the Microsoft-Activision Blizzard deal. Dollar General<\/a> gained 3.2% and Procter & Gamble<\/a> rose 3.36%. The U.S. 10-year yield declined modestly to 1.847% while Bitcoin<\/a> dropped 1.6% to around $41,700.<\/p>\n The TSX’s losses were muted compared to Wall Street’s as the Toronto index shed 0.29%. By far, materials were the strongest sector, leaving nearly all the others in the red. Anything with “gold” or “silver” in its name rallied, starting with Barrick<\/a> which jumped 8.52% after issuing a pleasing quarterly report. Kinross Gold<\/a> jumped 7.86%, First Majestic Silver<\/a> leapt 12.41% while B2Gold<\/a> added 6.32%. However, losing ground were Bombardier<\/a> at -6.67%, TD<\/a> at -1.61%, National Bank<\/a> at -2.68% and Blackberry<\/a> at -2.28%. WCS crude continued to rise, up 0.35% to nearly $72 a barrel while WTI advanced 1.25% to $86.50. The Canadian dollar held at $0.80 against the USD.<\/p>\n 🛫 Boeing (BA-N)<\/a> -3.56% Ongoing fears of more interest rate hikes created a choppy trading session Wednesday, which saw stocks sell off into the close. The main American indices all declined nearly around 1% with the Nasdaq shedding 1.15%. On the Dow, industrials and […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-261566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/261566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=261566"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/261566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=261566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=261566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=261566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n🏗 Caterpillar (CAT-N)<\/a> -3.6%
\n🏛 American Express (AXP-N)<\/a> -2.88%
\n🍎 Apple (AAPL-Q)<\/a> -2.13%
\n🛫 American Airlines Group (AAL-Q)<\/a> -3.38%
\n🚘 Ford Motor (F-N)<\/a> -8%
\n🚗 General Motors Corporation (GM-N)<\/a> -4.34%
\n💾 Take-Two Interactive Softwar (TTWO-Q)<\/a> +6.05%
\n🎮 Electronic Arts Inc (EA-Q)<\/a> +2.48%
\n🛒 Dollar General Corp. (DG-N)<\/a> +3.2%
\n🧴 Procter & Gamble (PG-N)<\/a> +3.36%
\n🅱 Bitcoin Cash (CRYPTO:BCH)<\/a> -1.6%
\n🥇 Barrick Gold (ABX-T)<\/a> +8.52%
\n🥇 Kinross Gold (K-T)<\/a> +7.86%
\n⛓ First Majestic Silver (FR-T)<\/a> +12.41%
\n🥇 B2Gold Corp. (BTO-T)<\/a> +6.32%
\n🚂 Bombardier Inc (B) (BBD.B-T)<\/a> -6.67%
\n🏛 Toronto Dominion (TD-T)<\/a> -1.61%
\n🏛 National Bank of Canada (NA-T)<\/a> -2.68%
\n📱 BlackBerry (BB-T)<\/a> -2.28%<\/p>\n","protected":false},"excerpt":{"rendered":"